Funding you earn now, next payment 02:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.021%
Price spread now: Injective against tradeXYZ+1.842%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Injective is 1.842% dearer against tradeXYZ than usual: you sell high and buy low (spread +1.842% now, against zero (this spread has no 7-day history yet)): +$184 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:PALLADIUM | 1,308.7 | 0.0050 | pay 0.0006% / 1h | 12m 48s | $2.7M | $518K | 20x |
| Short | Injective XPD/USDC PERP | 1,332.8 | 0.0033 | get 0.0004% / 1h | 12m 48s | $16K | $20K | 52x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.5
- Price spread: +1.842% → 0.000%
- $184.15
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $162.63
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: tradeXYZ: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 5 min ago | 1.53 bp | 10.5 bp −$11 | 26.3 bp −$263 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XPD on 16 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX XPDUSDC | −0.0008% | 4h | 1,312.6 | +0.300% | $38K | $206K | 10x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,310.1 | +0.110% | $3.8M | $4.5M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,310.2 | +0.115% | $2.0M | $455K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,310 | +0.099% | $13.1M | $334K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,312.3 | +0.278% | $542K | $16K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,309.9 | +0.092% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,311.7 | +0.230% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,309.3 | +0.044% | — | — | — | as long as short |
| Aster XPDUSDT | +0.0024% | 4h | 1,310.1 | +0.106% | $27K | $12K | 20x | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,310.8 | +0.160% | $404K | $155K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XPD/USDC PERPshort | +0.0033% | 1h | 1,332.8 | +1.842% | $16K | $20K | 52x | |
| tradeXYZ xyz:PALLADIUMlong | +0.0050% | 1h | 1,308.7 | long leg | $2.7M | $518K | 20x | |
| OKX XPD-USDT-SWAP | +0.0058% | 8h | 1,310 | +0.099% | $319K | $475K | 50x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,309.5 | +0.058% | $171K | $5K | 75x | as long as short |
| Bitget XPDUSDT | +0.0114% | 4h | 1,309.6 | +0.066% | $5.0M | $216K | 100x | as long as short |
| GRVT XPD_USDT_Perp | +0.0490% | 4h | 1,311.6 | +0.222% | $340K | $787K | 25x | as long as short |
tradeXYZ xyz:PALLADIUM
Injective XPD/USDC PERP
edgeX XPDUSDC
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Aster XPDUSDT
Lighter XPD
OKX XPD-USDT-SWAP
KuCoin XPDUSDTM
Bitget XPDUSDT
GRVT XPD_USDT_Perp